This article relies largely or entirely on a single source .(December 2020) |
Tianan Insurance (天安保险股份有限公司) is China's fifth[ citation needed ] largest nonlife insurer. The company was established in 1994. In 2005, Japan's Tokio Marine & Nichido Fire Insurance Co., Ltd. purchased a 24.9% stake in the company. In July 2020, the Chinese government announced that it would take over the company. [1]